Indian Quick Commerce Firm Zepto's IPO Plans Face Headwinds as Losses Soar 25% to $620 Million
Indian quick commerce firm Zepto's IPO plans face headwinds as profitability concerns and intensive competition stunt investor enthusiasm. The company's losses soared 25% year-on-year to 59 billion rupees ($620 million) in the fiscal year ending March.
Source:Nikkei Asia · Source Link
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